OCM definition
Examples of OCM in a sentence
Any source that is not authorized by the OEM or OCM to sell its product lines.
Authentic shall mean (A) genuine; (B) purchased from the Original Equipment Manufacturer ("OEM"), Original Component Manufacturer ("OCM") or through the OEM's/OCM's authorized dealers; and (C) manufactured by, or at the behest and to the standards of, the manufacturer that has lawfully applied its name and trademark for that model/version of the material.
The term OEM, OCM, authorized supplier and franchised distributor are each defined in SAE AS5553.
Except as set forth in Section 15.3, each Party shall pay all costs and expenses incurred by such Party in respect of the transactions contemplated hereby, including fees of brokers, finders, advisers, attorneys, and accountants; provided that Purchaser shall pay the fees of U.S., Cayman Islands and ▇▇▇▇▇▇▇▇ Islands counsel to OCM Ajax Investments, Inc.
Procurement practices and documentation shall enable traceability back to the applicable OCM for each purchase transaction.